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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of GTN Industries Ltd

About the Company - GTN Industries Ltd

GTN Industries Ltd. is a Public Limited Listed company incorporated on 02/08/1962 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L18101TG1962PLC054323 and registration number is 054323. Currently Company is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 480.91 Cr. and Equity Capital is Rs. 17.55 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedChitkul Village, Patancheru Mandal, Sangareddy Dist. Telangana 502307sharedept@gtnindustries.com
http://www.gtnindustries.com
Management
NamePosition Held
Mr. M K PatodiaChairman & Managing Director
Mr. C George JosephDirector
Mr. M R VikramIndependent Director
Mrs. Rajul KothariIndependent Woman Director

GTN Industries Ltd. Share Price Update

Share PriceValue
Today₹43.95
Previous Day₹44.02

Basic Stock Data of GTN Industries Ltd

Market Cap 67.7 Cr.
Current Price 38.6
High / Low63.0/23.8
Stock P/E
Book Value 53.1
Dividend Yield0.00 %
ROCE19.8 %
ROE17.6 %
Face Value 10.0

Data Source: screener.in

GTN Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales78.8288.11101.2195.76114.69142.27128.19169.0558.4942.5443.8149.6048.40
Expenses75.4080.2187.3287.4694.12117.6498.31142.6752.6443.2644.5250.9347.46
Operating Profit3.427.9013.898.3020.5724.6329.8826.385.85-0.72-0.71-1.330.94
OPM %4.34%8.97%13.72%8.67%17.94%17.31%23.31%15.60%10.00%-1.69%-1.62%-2.68%1.94%
Other Income0.770.200.170.52-17.02-0.76-0.520.950.100.280.900.490.40
Interest5.435.408.694.632.641.781.763.161.571.261.591.191.25
Depreciation2.262.262.152.151.940.910.880.960.890.900.820.910.92
Profit before tax-3.500.443.222.04-1.0321.1826.7223.213.49-2.60-2.22-2.94-0.83
Tax %21.43%34.09%30.43%43.63%24.27%35.84%26.24%27.88%32.38%14.62%40.54%21.43%24.10%
Net Profit-2.750.292.241.15-0.7813.5919.7116.742.36-2.22-1.32-2.31-0.63
EPS in Rs-1.570.171.280.66-0.447.7511.249.541.35-1.27-0.75-1.32-0.36

GTN Industries Ltd Quarterly Chart

GTN Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales380422562409280284296357344310481314184
Expenses365400529396258264277339325286397283186
Operating Profit152232132219181819248431-2
OPM %4%5%6%3%8%7%6%5%6%8%17%10%-1%
Other Income2-524-7142101-1722
Interest172324211819232325251185
Depreciation1615159199999644
Profit before tax-15-21-4-13-5-7-9-13-5-85022-9
Tax %39%24%80%4%11%31%28%36%-11%25%31%29%
Net Profit-9-16-1-13-4-5-6-8-5-63516-6
EPS in Rs-5.23-9.30-0.47-7.15-2.52-2.69-3.56-4.76-3.10-3.5519.758.87-3.70
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

GTN Industries Ltd Profit & Loss Yearly Chart

GTN Industries Ltd Growth

Compounded Sales Growth
10 Years:-3%
5 Years:1%
3 Years:-3%
TTM:-63%
Compounded Profit Growth
10 Years:14%
5 Years:31%
3 Years:46%
TTM:-112%
Stock Price CAGR
10 Years:19%
5 Years:37%
3 Years:57%
1 Year:0%
Return on Equity
10 Years:2%
5 Years:11%
3 Years:28%
Last Year:18%

GTN Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital18181818181818181818181818
Reserves259838334148403428637976
Preference Capital001018270000000
Borrowings198205199144148148184180172172893124
Other Liabilities496455535240534549511492716
Total Liabilities290296280252251246302282274268318155133
Fixed Assets152144136151156149170167146137545154
CWIP0010000000360
Investments0000000000000
Other Assets13815214310195971311151281312619979
Total Assets290296280252251246302282274268318155133

GTN Industries Ltd Reserves and Borrowings Chart

GTN Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 32173425252112238351719
Cash from Investing Activity -9-7-8-8-6-2-30-622-05847
Cash from Financing Activity -25-17-20-24-16-2016-14-29-33-78-67
Net Cash Flow-2-86-63-0-2212-3-0

GTN Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days183818141419402826323533
Inventory Days124996872124122123839911014571
Days Payable476633374255736166575619
Cash Conversion Cycle9570525096869050598512486
Working Capital Days626344375252614558737878
ROCE %1%4%8%3%10%6%5%4%5%8%41%20%

GTN Industries Ltd Financial Efficiency Indicators Chart

GTN Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters74.34%74.34%74.34%74.34%74.34%74.34%74.33%74.33%74.33%74.33%74.33%74.33%
DIIs0.08%0.08%0.08%0.08%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.59%25.59%25.59%25.59%25.66%25.66%25.67%25.66%25.66%25.66%25.66%25.66%
No. of Shareholders13,52013,87913,91313,77413,81713,94914,98614,90614,83514,65014,78814,742

GTN Industries Ltd Shareholding Pattern Chart

No. of GTN Industries Ltd Shareholders

This stock is not held by any mutual fund

GTN Industries Ltd ROCE Trend

GTN Industries Ltd EPS Trend

GTN Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)8.8719.75-3.55-3.11-4.76
Diluted EPS (Rs.)8.8719.75-3.55-3.11-4.76
Cash EPS (Rs.)10.9023.091.522.110.48
Book Value[Excl.RevalReserv]/Share (Rs.)54.7545.8726.0729.5532.73
Book Value[Incl.RevalReserv]/Share (Rs.)54.7545.8726.0729.5532.73
Revenue From Operations / Share (Rs.)178.85274.03176.78196.12203.25
PBDIT / Share (Rs.)18.8248.5614.5511.4411.14
PBIT / Share (Rs.)16.7945.229.486.235.90
PBT / Share (Rs.)12.4728.59-4.71-2.80-7.38
Net Profit / Share (Rs.)8.8719.75-3.55-3.10-4.76
PBDIT Margin (%)10.5217.728.235.835.47
PBIT Margin (%)9.3816.505.363.172.90
PBT Margin (%)6.9710.43-2.66-1.42-3.63
Net Profit Margin (%)4.957.20-2.00-1.58-2.34
Return on Networth / Equity (%)16.1943.04-13.60-10.49-14.54
Return on Capital Employeed (%)23.5353.6314.118.807.53
Return On Assets (%)10.0410.88-2.31-1.98-2.95
Long Term Debt / Equity (X)0.200.671.561.371.38
Total Debt / Equity (X)0.321.103.383.142.93
Asset Turnover Ratio (%)1.331.641.141.241.22
Current Ratio (X)3.011.490.810.810.75
Quick Ratio (X)1.530.830.420.400.37
Inventory Turnover Ratio (X)2.203.122.903.614.05
Interest Coverage Ratio (X)4.367.881.030.800.83
Interest Coverage Ratio (Post Tax) (X)3.055.900.750.410.64
Enterprise Value (Cr.)69.92163.80162.67162.88175.94
EV / Net Operating Revenue (X)0.220.340.520.470.49
EV / EBITDA (X)2.121.926.378.119.00
MarketCap / Net Operating Revenue (X)0.130.170.060.020.04
Price / BV (X)0.441.070.430.180.28
Price / Net Operating Revenue (X)0.130.170.060.020.04
EarningsYield0.360.40-0.31-0.55-0.51

GTN Industries Ltd Profitability Ratios (%)

GTN Industries Ltd Liquidity Ratios

GTN Industries Ltd Liquidity Ratios (%)

GTN Industries Ltd Interest Coverage Ratios (%)

GTN Industries Ltd Valuation Ratios

Fair Value of GTN Industries Ltd Stock

Fair Value: ₹142.99

The stock is undervalued by 270.43% compared to the current price ₹38.6

*Investments are subject to market risks

Strength and Weakness of GTN Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (40.15 cr) compared to borrowings (4.23 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of 16.72 and average Dividend Yield of 1.94%.
  2. The stock has a low average ROCE of 9.58%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 58.58, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 78.58, which may not be favorable.
  5. The company has not shown consistent growth in sales (355.62) and profit (-2.85).

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in GTN Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE